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Nov 12, 2012
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i think you heard john boehner say that already. we've had votes in the senate where we've actually gotten rid of tax credits. i think that's a given. and i think the vast majority of americans agree with that. the question is how do you do that and how do you allow taxes to rise at the same time you fix the real problem? and the real problem is uncontrolled entitlement spending and a government that has grown massively. not just under this administration, under republican administration. >> let me turn to senator schumer on this point. >> so you have to approach both sides of it. >> let me turn to senator schumer. i'm going to ask you the same question. if the mandate is compromised, what do democrats have to be prepared to accept as a painful outcome in order to achieve compromise? >> well, i agree with you, the mandate is compromise. that's why we have a divided house and senate. and i think if the house stands for anything it's cut government spending, as tom coburn said, and i think we're going to have to do more of it. we hear
i think you heard john boehner say that already. we've had votes in the senate where we've actually gotten rid of tax credits. i think that's a given. and i think the vast majority of americans agree with that. the question is how do you do that and how do you allow taxes to rise at the same time you fix the real problem? and the real problem is uncontrolled entitlement spending and a government that has grown massively. not just under this administration, under republican administration....
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Nov 14, 2012
11/12
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the president didn't offer any specific thing along the lines what have we heard from john boehner last week, okay, we're there on reven on the table, we'll meet you there. i didn't hear any specific -- >> don't we already have a structure? wasn't that erskine-bowles? it is another committee. >> it is a step back i think from the idea of a deal right now that would trade entitlement reform for tax increases. it sounds to me like it's tax increases for the wealthy in return for a commitment to discuss entitlement reform. >> what you did hear from the president is a statement that the american people knew what they were get what they re-elected me. he also said there is a big contrast between me and mitt romney on the campaign trail and i'm the guy who won the election. >> as one of our smart viewers tweeted in which i thought was so smart -- it's all fun and games until you have to name specific entitlements you want to cut. right? we need more specifics from both sides. all right, going to a break here but after the break, steve leisman, stick around. we also have something today called
the president didn't offer any specific thing along the lines what have we heard from john boehner last week, okay, we're there on reven on the table, we'll meet you there. i didn't hear any specific -- >> don't we already have a structure? wasn't that erskine-bowles? it is another committee. >> it is a step back i think from the idea of a deal right now that would trade entitlement reform for tax increases. it sounds to me like it's tax increases for the wealthy in return for a...
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Nov 12, 2012
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how much does boehner speak for his conference, by the way? how much leeway does he have to cut a deal that might anger some conservatives? this weekend there were signs of softening among conservatives on the issue of taxes. here is "the weekly standard questions bill kristol sunday. >> it won't kill the country if we raise tax as little bit on millionaires. i don't understand why republicans don't take obama's offer to freeze taxes for everyone below $250,000, make it a million. the republican party is going to defend a bunch of millionaires, half who voted democratic and hatch live in hollywood. >> although tom price who is running to lead the house republican conference said sunday he is open to closing some tax loopholes, he did buck boehner on the issue of health care. >> question, do most house republicans, do you agree with speaker boehner that repeal of obama care with this election, with his re-election, is debt? >> we're not opposed to the president's health care law because of the election. we're opposed because it's bad policy and
how much does boehner speak for his conference, by the way? how much leeway does he have to cut a deal that might anger some conservatives? this weekend there were signs of softening among conservatives on the issue of taxes. here is "the weekly standard questions bill kristol sunday. >> it won't kill the country if we raise tax as little bit on millionaires. i don't understand why republicans don't take obama's offer to freeze taxes for everyone below $250,000, make it a million....
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Nov 15, 2012
11/12
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the president's chief negotiating adversary right now, speaker john boehner who was re-elected by house republicans yesterday said they're not ready to accept the president's proposal because it would, quote, hurt our economy and make jobs more difficult. but he also sounded the kumbaya theme. >> now, i do think that the spirit of cooperation that you've seen over the last week, from myself and my team. from democrats across the aisle. from the president. have created an atmosphere where i think that, i remain optimistic. >> folks, there are a lot closer than sometime the bravadoish headlines seem to make clear. this is really about what can boehner take to 50 to 100 house republicans who are willing to temporarily potentially raise some tax rates on some group of wealthier americans? >>> by the way, after $6 billion spent on house senate and presidential campaign, not only did party control not change for the house, senate and white house. but the individual leaders who will begin the negotiations tomorrow, it's the exact group of people. there are some personnel changes but not on tha
the president's chief negotiating adversary right now, speaker john boehner who was re-elected by house republicans yesterday said they're not ready to accept the president's proposal because it would, quote, hurt our economy and make jobs more difficult. but he also sounded the kumbaya theme. >> now, i do think that the spirit of cooperation that you've seen over the last week, from myself and my team. from democrats across the aisle. from the president. have created an atmosphere where...
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boehner and mcconnell still in charge. although they did better and you could argue there's no reason. are you surprised there's not a push to change leaders inside your party even if it's just the face of the party a little bit? >> it's difficult. within the house there is -- i think there will be a battle for the conference chair. >> but it's a -- >> i'm surprised, yeah, but at the same time, we need strong leadership and a strong speaker and i think boehner can do a good job -- >> looks like he's going to get more political leeway. he doesn't have eric cantor. it seems like there's for trust between the two but, jackie, if the american people had known they not only were re-electing status quo but the same people are in the room that gave us the gridlock, i wonder how that ballot would have turned out. >> i wonder if he said it's going to be the same people in the room, and, you know, a lot of this is going to be theater. we were talking about that for the first couple of days, hopefully not weeks but there will be a lo
boehner and mcconnell still in charge. although they did better and you could argue there's no reason. are you surprised there's not a push to change leaders inside your party even if it's just the face of the party a little bit? >> it's difficult. within the house there is -- i think there will be a battle for the conference chair. >> but it's a -- >> i'm surprised, yeah, but at the same time, we need strong leadership and a strong speaker and i think boehner can do a good...
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Nov 16, 2012
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as for speaker boehner i know they would personally like to make this time of deal. assuming the grand bargain happens, you can't get it done in a lame duck session, at least you move forward there, grand bargain, is this something that safbs the u.s. from this debt we've inflicted on ourselves for so long, where people stand up and notice it or would there still be the naysayers out there that say it still is not enough. what do you think? >> i think a true grand bargain would be a really great confidence signal to markets. now i don't think it's the solution for our short term growth problems because right now borrowing is cheap and we don't have a debt problem dragging on our economy right now but if we're looking at freeing up investment, freeing up hiring over the medium and long terms, absolutely the markets would love that. >> i think, also, the biggest negative domestically generated is the perpetual fights of brinksmanship, government shutdown, debt ceiling. a grand bargain that if it did nothing else put off those types of fights for the foreseeable future
as for speaker boehner i know they would personally like to make this time of deal. assuming the grand bargain happens, you can't get it done in a lame duck session, at least you move forward there, grand bargain, is this something that safbs the u.s. from this debt we've inflicted on ourselves for so long, where people stand up and notice it or would there still be the naysayers out there that say it still is not enough. what do you think? >> i think a true grand bargain would be a...
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Nov 14, 2012
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boehner has been ee re-elec. what about mitch mcconnell. he sounds as object strucktive as he has over the last four years. what's going to happen to him? >> i went to his photo op yesterday where he unveiled new members of the republican freshman class. they could have had that in a broom closet because there were only three of them and they were sitting there nodding their heads and grinning for the cameras. is he going to play the bad cop here. i mean, boehner at some point is going to be in a position of actually having to lead. mcconnell can still be, because he's in the minority, can still be -- well, he can't make it his top priority to defeat obama but he can make it a top priority to defeat all of obama's policies. >> wouldn't it be great if they actually worked together? >> it's important to keep in mind john boehner is an old school guy willing to cut deals and be reasonable and compromise. now, the question is whether or not with eric cantor and the rest of the leadership kind of eyeing him how far he'll be able to go. but boehn
boehner has been ee re-elec. what about mitch mcconnell. he sounds as object strucktive as he has over the last four years. what's going to happen to him? >> i went to his photo op yesterday where he unveiled new members of the republican freshman class. they could have had that in a broom closet because there were only three of them and they were sitting there nodding their heads and grinning for the cameras. is he going to play the bad cop here. i mean, boehner at some point is going to...
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Nov 12, 2012
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i would love to see how the obama-boehner golf game part two might go because boehner now has to make a choice. he has a alaska, and he is kind of a deal maker by natural inclination. he has to figure out what his 230-some-odd members took away from this election. how many of relexingtonned tea party type members feel they were sent to washington because they refused to comexprms how many are available for the new kind of compromise necessary to get a grand bargain. where he lands is the most interesting question to me. >> schieffer: what happens next, david? let's just talk about this. unless they find some compromise here, you're going to see these horrendous across-the-board cuts in defense and social programs. you're also going to see these tax cuts expire, which means everybody gets a tax increase. do you think they can do it before the end of the year? or will they just kick it down the road? >> i think they can find a way to postpone the fiscal cliff for another six months a year. i think that's certainly doable because everybody understands you're going to get tipped into rece
i would love to see how the obama-boehner golf game part two might go because boehner now has to make a choice. he has a alaska, and he is kind of a deal maker by natural inclination. he has to figure out what his 230-some-odd members took away from this election. how many of relexingtonned tea party type members feel they were sent to washington because they refused to comexprms how many are available for the new kind of compromise necessary to get a grand bargain. where he lands is the most...
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Nov 19, 2012
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the biggest unknown variable here is what the republican conference is going to do and whether boehner can rally the guys to get them on board. that is the biggest question here, because no matter what they decide among the leaders, they have to get it past the house and the senate. >> and you know, there is also compromise idea being floated around right now to keep the rates the same, but eliminate the deductions for the rich. nancy pelosi making her position on that very, very clear. take a listen to this. >> is that something that is acceptable? >> no. >> nott all, no way? >> no, the president made it very clear in his campaign that there is not enough, there are not enough resources -- what you just described as a formula and a blueprint for hammering our future. >> you know, dana, if she is hardening her stance here as we watch the rhetoric, does it matter here, because nancy p pelosi, really, how big of a seat does she have at the table right now? >> no. she is, and something of a highchair at this point. she is not particularly relevant to this debate. the president was nowhere
the biggest unknown variable here is what the republican conference is going to do and whether boehner can rally the guys to get them on board. that is the biggest question here, because no matter what they decide among the leaders, they have to get it past the house and the senate. >> and you know, there is also compromise idea being floated around right now to keep the rates the same, but eliminate the deductions for the rich. nancy pelosi making her position on that very, very clear....
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>> well, i think speaker boehner has struck the right tone. clearly both from election -- the day after the election and including today we had the opportunity to meet with leader pelosi afterwards who was very encouraging about the meeting that took place in the white house, and i think boehner has always been, who is an institutionalist, has always cared deeply about this and would have struck the right deal. it's always been that element within the republican conference that has kept him from getting there, but i see a different kind of resolve and obviously, martin, for the interests of the country we hope that they don't lead us off this cliff that, as you point out, is artificially created by them, and so there's -- i think there's great hope that we can get this accomplished and set up the framework for the next session. >> okay. well, i want to play something for you of that encapsulates the outlook of some republicans. listen to this. >> i mean, it's a proven political strategy, which is give a bunch of money from the government to a
>> well, i think speaker boehner has struck the right tone. clearly both from election -- the day after the election and including today we had the opportunity to meet with leader pelosi afterwards who was very encouraging about the meeting that took place in the white house, and i think boehner has always been, who is an institutionalist, has always cared deeply about this and would have struck the right deal. it's always been that element within the republican conference that has kept...
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Nov 13, 2012
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but expect it will be john boehner working along with the president. i'm sure mitch mcconnell will be very closely involved in the discussions with leader boehner. >> you don't believe a deal should come out of the senate and then be introduced in the house? >> well, i think the elections are over. we need to find solutions to help our country move forward in a positive direction and as the chairman of the joint chiefs of staffs says the biggest threat to our national security is actually our debt. we need to get this spending under control and get people back to work. >> i want to talk about this issue of taxes and tax rates and get you to respond to something from not exactly someone who is known as a liberal thinker here. take a listen. >> it won't kill the country if we raise tax as little bit on millionaires. it really won't, i don't think. i don't know why republicans don't take obama's offer to freeze taxes for everyone below $250,000. make it $500,000, make it a million. the republican party is going to defend a bunch of millionaires, half of w
but expect it will be john boehner working along with the president. i'm sure mitch mcconnell will be very closely involved in the discussions with leader boehner. >> you don't believe a deal should come out of the senate and then be introduced in the house? >> well, i think the elections are over. we need to find solutions to help our country move forward in a positive direction and as the chairman of the joint chiefs of staffs says the biggest threat to our national security is...
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Nov 19, 2012
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taxes increased and republicans know they'll get blamed for that and don't want it and, two, can john boehner rally a republicans who doesn't want to raise taxes? to that end it's unbelievable. the election was only 13 days ago. >> i know. >> there's been a lot of piling on mitt romney in those 13 days. i want to play something tea party republican senator had to say. this was at the federalist society about the election. let's play it. >> inevitably there are these mandarins in politics who give the voice don't show any contrast. don't rock the boat. so by the third debate, i'm pretty certain mitt romney actually french kissed barack obama. >> okay, let's put aside that image. >> yes. >> this suggests that, you know, these are the manndarins of politics, don't show any contrast, don't rock the boat,s so you have the ted cruzs of the world coming in and the boehners saying we node to caught deal on this, reform on immigration, talk about gay marriage. we need a reformation within the party. is that what the base of the party wants? and if they don't want that, if ted cruz is the voice for tha
taxes increased and republicans know they'll get blamed for that and don't want it and, two, can john boehner rally a republicans who doesn't want to raise taxes? to that end it's unbelievable. the election was only 13 days ago. >> i know. >> there's been a lot of piling on mitt romney in those 13 days. i want to play something tea party republican senator had to say. this was at the federalist society about the election. let's play it. >> inevitably there are these mandarins...
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Nov 20, 2012
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what is boehner's intel here? >> because john boehner is smart enough to know he needs to keep paul ryan as close to him as possible. remember, you have paul ryan is part of the young guns. so they caused a little mischief the last time we tried this. this is less about having faith in paul ryan's actual ideas and more about politics. and sort of keeping his close, keeping him engaged, busy doing something so he's not out there making mischief. >> rana, it seems maybe that conservatives are coming to grips with the notion that there may be a tax increase on upper income earners e. i point you to bill crystal saying the unspeakable. let's take a listen. >> there will be a deal by december 31st. i believe republicans will yield on top rates. president obama ran twice and won two elections. he didn't raise rates in 2009. we were in the midst of horrible downturn. they were able to bargain to a deal. i don't think republicans have the lemplg or that it's worth using whatever leverage they have to maintain rates at 35%
what is boehner's intel here? >> because john boehner is smart enough to know he needs to keep paul ryan as close to him as possible. remember, you have paul ryan is part of the young guns. so they caused a little mischief the last time we tried this. this is less about having faith in paul ryan's actual ideas and more about politics. and sort of keeping his close, keeping him engaged, busy doing something so he's not out there making mischief. >> rana, it seems maybe that...
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Nov 17, 2012
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why did obama double the revenue target from 800 billion that he wanted in negotiation weise boehner, in 2011, why did he had less access. i think the question is billion than he was looking for before. this gives him a better starting point. i do think that both sides are going to try to work something out before the end of the year because they are all worried about the impact on the economy, not just in jab, but right now while you're watching the stock market and others negatively react to the fact that they are fearing this fiscal cliff. >> he must have known that this 1.6 trillion is a far more realistic number in the objectives. why didn't he mention >>> president obama will nominate susan rice as secretary of state. >> nope, he will back down. >> he won't back down. >> he will back down and not nominate her. >> he will
why did obama double the revenue target from 800 billion that he wanted in negotiation weise boehner, in 2011, why did he had less access. i think the question is billion than he was looking for before. this gives him a better starting point. i do think that both sides are going to try to work something out before the end of the year because they are all worried about the impact on the economy, not just in jab, but right now while you're watching the stock market and others negatively react to...
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Nov 20, 2012
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speaker boehner tapped paul ryan to help get his party in line ahead of deficit talks. where in the world is eric cantor? we will talk with luke russert and martin bashir about whether or not the gop can get its frogs in the wheel barrow. >> "new york times" national editor sam sifton says why you shouldn't think about serving salad or anything before the big meal. all of that when "now" starts in a mere 180 seconds. [ male announcer ] if you suffer from heartburn 2 or more days a week, why use temporary treatments when you can prevent the acid that's causing it with prevacid24hr. with one pill prevacid24hr works at the source to prevent the acid that causes frequent heartburn all day and all night. and with new prevacid24hr perks, you can earn rewards from dinner deals to music downloads for purchasing prevacid24hr. prevent acid all day and all night for 24 hours with prevacid24hr. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a tric
speaker boehner tapped paul ryan to help get his party in line ahead of deficit talks. where in the world is eric cantor? we will talk with luke russert and martin bashir about whether or not the gop can get its frogs in the wheel barrow. >> "new york times" national editor sam sifton says why you shouldn't think about serving salad or anything before the big meal. all of that when "now" starts in a mere 180 seconds. [ male announcer ] if you suffer from heartburn 2 or...
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Nov 12, 2012
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listen to boehner talking. as long as he's talking about not raising tax rates, we're on a path to a deal. if he starts talking about not raising taxes, maybe we're off the track. >> all right. we'll look for keywords. thank you very much. i know we'll talk with you probably every day including the 11th hour when this is finally done. >> happy to do it. >> on lessons learned from last week's election, our first read team asks, is the independent vote overrated? what do you think? they noted that romney won the independent vote 50/45. joining me now is mark murray. you and your team don't just point to mitt romney losing. others have lost banking on the independent voter. >> when we look at a poll or exit poll, are you winning independent voters? that's seen as winning the middle of the electorate, the people who decide a presidential contest. as you alluded to, in two of the last three presidential elections, the candidate who ended up winning the independent vote ended up losing the presidential contest. john
listen to boehner talking. as long as he's talking about not raising tax rates, we're on a path to a deal. if he starts talking about not raising taxes, maybe we're off the track. >> all right. we'll look for keywords. thank you very much. i know we'll talk with you probably every day including the 11th hour when this is finally done. >> happy to do it. >> on lessons learned from last week's election, our first read team asks, is the independent vote overrated? what do you...
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Nov 17, 2012
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boehner. is it any different, or is this just about, i don't know, smoke and mirrors? >> well, i think the atmosphere is certainly different as you mentioned. in the past, these guys would go back to capitol hill and put out competing statements about what went on during the meetings. you saw what happened last year during the debt ceiling negotiations. this time it was one big happy family. there certainly seems to be some sort of recognition on the part of how fed up american people with sort of the seeing this game of chicken being played at such a high stakes time. i think there is certainly, after this election, there is kind of a let's get down to business. let's see if we can get this thing done. whether that can translate -- david just said, the biggest sticking point, taxes on the wealthy is still on the table. you can sing happy birthday to john boehner as much as you want. gwen: he would still say no. >> absolutely. i think it's really premature to try to predict what is going to ha
boehner. is it any different, or is this just about, i don't know, smoke and mirrors? >> well, i think the atmosphere is certainly different as you mentioned. in the past, these guys would go back to capitol hill and put out competing statements about what went on during the meetings. you saw what happened last year during the debt ceiling negotiations. this time it was one big happy family. there certainly seems to be some sort of recognition on the part of how fed up american people...
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Nov 14, 2012
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thank you. >> so now that we have accepted even in boehner land that obama care is the law of the land, do you think that this will make the american health care system better? >> absolutely. i think that we are entering a period of time where we can get down to the very hard work that needs to be done to improve the health care of nation. and now that we are past the election and all sides agree that the affordable care act is the law of the land it gives the patients in the country, this country a much greater deal of certainty and security that our health care system is going to be there for them if they need it. >> well, arkoosh i think in addition to the fact we live in a nation where we're taxed for merely existing, there are still some people who aren't decided about obama care. in fact, politico had exit polling after the election showing the country's split down the middle on whether obama care should be repealed, partially or interly or kept. "forbes" has an article out called "five ways to protect yourself against obamacare." a concern is a doctor participate in a mass exodu
thank you. >> so now that we have accepted even in boehner land that obama care is the law of the land, do you think that this will make the american health care system better? >> absolutely. i think that we are entering a period of time where we can get down to the very hard work that needs to be done to improve the health care of nation. and now that we are past the election and all sides agree that the affordable care act is the law of the land it gives the patients in the...
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Nov 15, 2012
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can john boehner, do you think john boehner can corral or quiet the more radical elements of the republican party to come to the table with the president to make a grand deal in some form or fashion? >> ultimately, yes. i think those are the starting negotiating positions which are understandable. you have obama 250, you have republicans at least admitting there needs to be new revenue and want to go through the loopholes first and see where they can get revenue there. that's obviously not going to be enough. some point they're going to have to give on it. it may be ultimately that we have a situation where they -- the tax cut dozen expire. we go off the cliff for 24 hours but that offers the republicans an opportunity to come back and vote for a tax cut for those under 250 rather than increase through extension. that's an outcome that's possible. >> i'm curious about the notion the republicans can save face if we go over the fiscal cliff although lately people have been calling it the fiscal curb, it's unclear how much of a steep drop it is in the first 24 hours. can republicans, if the pr
can john boehner, do you think john boehner can corral or quiet the more radical elements of the republican party to come to the table with the president to make a grand deal in some form or fashion? >> ultimately, yes. i think those are the starting negotiating positions which are understandable. you have obama 250, you have republicans at least admitting there needs to be new revenue and want to go through the loopholes first and see where they can get revenue there. that's obviously...
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how will it affect the upcoming talks with john boehner? two top-tier negotiators give their insight into how the meeting could unfold. >>> and trading places. charles schwab ceo talks exclues i havely to maria about the current crisis of confidence in the stock market. could a deal on the looming fiscal cliff be just the shot in the arm sagging equities need? that and a whole lot more is ahead on the "closing bell." >>> all right. we want to show you a live picture of the white house. we are waiting for the ceos to start tricking out of the white house. they are in a meeting right now with president obama talking about the fiscal cliff, talking about ways to get the deficit and debt situation in this country in order. as soon as those ceos start coming out, they include the ceo of honeywell, ibm, a number of ceos in industrial businesses. of course, the only financial services representation there is american express. no other bank was invited to this meeting. as soon as these guys and gals start walking out, we'll bring you some interview
how will it affect the upcoming talks with john boehner? two top-tier negotiators give their insight into how the meeting could unfold. >>> and trading places. charles schwab ceo talks exclues i havely to maria about the current crisis of confidence in the stock market. could a deal on the looming fiscal cliff be just the shot in the arm sagging equities need? that and a whole lot more is ahead on the "closing bell." >>> all right. we want to show you a live picture...
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>> well, speaker boehner will be meeting with the president on friday. and we'll hear some of the basic outlines what is being put on the table at that point in time. we on the ways and means committee will be very actively engaged in working with our chairman, dave camp, to provide good information to the chairman and to speaker boehner about what we want to do with tax reform. bottom line is this. we have to stop this massive tax hike that will hit american families and businesses at the end of the year. melissa: yeah. >> then pivot to fundamental tax reform. and they're going to be things on the table but increasing tax rates is not one of them. i will not vote to encrease tax rates. melissa: you know, congressman, this segment was supposed to be about the carbon tax, like everything else we can't talk about anything beyond this fiscal cliff. i mean it is getting in the way of everything iluding this segment. we had somebody on from the teachers union or teachers education, national education association i should say at beginning of the show who was c
>> well, speaker boehner will be meeting with the president on friday. and we'll hear some of the basic outlines what is being put on the table at that point in time. we on the ways and means committee will be very actively engaged in working with our chairman, dave camp, to provide good information to the chairman and to speaker boehner about what we want to do with tax reform. bottom line is this. we have to stop this massive tax hike that will hit american families and businesses at...
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Nov 15, 2012
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john boehner initially said, listen, president, it's time fur to lead. that's what you saw in that press conference, the president saying look at the map, look at my victory and get what and, oh, yeah, guess what, i've won. >> we've officially renamed the fiscal cliff the fiscal curb. it's a little step down and you keep taking the steps so by the time you goat march or april, there's something significant happening but not right away. but there's a tricky thing here. both sides want to call it a cliff because both sides need drama in order to drive the urgency of their position but i'm wondering if at some point the president doesn't soften this as we get into late december and start to say to people, well, on the first week of january, you're going u just going to see a little step. and we will have time to fix it retroactively. >> i think that's probably what you will hear. i think ultimately this is going to be some kind of compromise. the fiscal cliff, it would be about $6 hup billion worth of tax cuts. i think it is going to be softened. there are
john boehner initially said, listen, president, it's time fur to lead. that's what you saw in that press conference, the president saying look at the map, look at my victory and get what and, oh, yeah, guess what, i've won. >> we've officially renamed the fiscal cliff the fiscal curb. it's a little step down and you keep taking the steps so by the time you goat march or april, there's something significant happening but not right away. but there's a tricky thing here. both sides want to...
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Nov 19, 2012
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after the election, boehner said okay, have some revenue. the president has moved the goalpostsment and said it isn't just revenue. it those be a specific kind. my liberal base -- >> chris: wait. he did mention this once or twice in the campaign. >> but the question is are you going to stick on what you campaign on or find a compromise in the end? if you are looking for votes in congress -- boehner may be able to get enough to go along and do a deal to get revenue from closing the deductions and loopholes. he is not going to get the people to go along raising rates. there is the rhetoric the president engaged in on the campaign and then there is reality of washington. he is going to have to compromise on that to some degree if he wants a deal. >> chris: so does he have to compromise or do republicans compromise? >> first, i don't understand where the republicans think they have leverage here. you have seen that in tent whichs not just by boehner but people elsewhere. re-knew saying okay, we are going to let there be more revenue. but the pre
after the election, boehner said okay, have some revenue. the president has moved the goalpostsment and said it isn't just revenue. it those be a specific kind. my liberal base -- >> chris: wait. he did mention this once or twice in the campaign. >> but the question is are you going to stick on what you campaign on or find a compromise in the end? if you are looking for votes in congress -- boehner may be able to get enough to go along and do a deal to get revenue from closing the...
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Nov 12, 2012
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second, he's rejecting the john boehner approach which is boehner saying i'll agree to revenues as long as they come as a result of economic growth. in other words, we won't legislate changes in taxes. we'll hope that revenues go up. he's saying no, that won't work for me. you're not going to legislate spending cuts. this is the president talking. not legislate revenue changes as well. >> bill: all right. so there are -- the most immediate decision maybe facing the congress is that as you point out, all of the bush tax cuts expire. which means not only the taxes -- tax cuts for the wealthy expire, the tax cuts for those making under $250,000 a year expire as well. so the president said friday all right, the senate has already passed a bill which would give extended tax cutless for the 98%, those making under $250,000. but let the ones for the wealthier people and defined as over $250,000 expire. and he challenged the house of representatives to pass that. what do you think -- so this is a real -- to me, this is like they've got the gun to their head. are you going to pass the tax cut fo
second, he's rejecting the john boehner approach which is boehner saying i'll agree to revenues as long as they come as a result of economic growth. in other words, we won't legislate changes in taxes. we'll hope that revenues go up. he's saying no, that won't work for me. you're not going to legislate spending cuts. this is the president talking. not legislate revenue changes as well. >> bill: all right. so there are -- the most immediate decision maybe facing the congress is that as you...
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Nov 15, 2012
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i think a lot of conservative policies wonks hope this is the sort of thing that speaker boehner will glom on to, and that obama will say look, it's not my preferred way to get 1 trillion from wealthy americans but it does get me there. it doesn't have a huge impact on the middle class and can avoid a big fight and gives up on the rate increases. i don't think obama is going to give up on the rate increases that easily because they have been so central to his--both of his political campaigns as president even though you know at the end of the day he would end up at the same revenue baseline that he's looking for. it would appear to his base he's supporters like a pretty big cave. >> eliot: i think you're right. after the strength of his commentary and since the election where increasing rates has become the mantra, the line in the sand that people expect him to toe and stay very strict on. anything that backs off from that would require extensive preparation and conversation with his base. i'm not sure he's preparing the base for that right now. added to what we're talking about right
i think a lot of conservative policies wonks hope this is the sort of thing that speaker boehner will glom on to, and that obama will say look, it's not my preferred way to get 1 trillion from wealthy americans but it does get me there. it doesn't have a huge impact on the middle class and can avoid a big fight and gives up on the rate increases. i don't think obama is going to give up on the rate increases that easily because they have been so central to his--both of his political campaigns as...